Eric - I've worked for NASA, ATT, IBM, HP, Amazon, and Google, not to mention a couple of startups that I started in between. None of them (except the startups, but they were brief) stayed true to their original mission. I haven't read your new book, but IMO, it's because the founders leave and the next leadership don't share the vision or values of the founders in the same way. After all, a company is a collaboratio…
For NASA I don't know but all others that are private companies the "mission" is never "the mission". The mission is "making more money" and everything else, including the change in culture, is the result of how single focused "good" (according to the market) companies are. I was pondering about a piece of wisdom people often say, roughly going like "Oh yes, invest in stocks, the market always goes up!" and even thou…
First, for-profit vs non-profit. This is a great point. I have only worked for huge for-profits orgs my whole career. On the other hand, my mother worked as a first grade teacher (teaching children to read) for 35 years. The difference in our view of the workplace is night and day: She views it as much more benevolent because other teachers are your peers and are genuinely friendly and helpful. My more grizzled view is like the jungles during Viet Nam War: Live to fight another day.
Second: Again, another good point. When most people say "the market", they usually mean one or two big indices, like Dow Jones Industrial Average, or NASDAQ 100, or S&P 500. You are right: As a result of their (mostly) rules based system to periodically re-balance the index, losers fall out and winners arrive.